brexit fallout to cost uk extra £122bn over five years
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Brexit fallout to cost UK extra £122bn over five years

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Arab Today, arab today Brexit fallout to cost UK extra £122bn over five years

London economy
London - Arab Today

Britain must borrow an additional £122 billion over five years as it exits the European Union, the government predicted Wednesday alongside a budget update.

The extra borrowing, worth $152 billion or 143 billion euros, covers the period until early 2021, according to official forecasts which also projected an economic growth slowdown.

 
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